Offshore LNG News


Woodside to Build Interconnector Pipeline

Nov 11, 2019

Woodside Petroleum Ltd, Australia's top independent gas producer, said on Monday it would invest in a pipeline for the Pluto-North West Shelf (NWS) Interconnector, enabling the optimization of gas processing from its offshore fields.The Interconnector…

U.S. NatGas Prices Near 25-year Low as Glut Weighs

Oct 30, 2019

In the shale field that helped launch the U.S. natural gas boom a decade ago, Chesapeake Energy Corp this month set aside its last drilling rig. The problem for the once No. 2 U.S. gas producer was not a lack of gas, but too much of it.A long…

McDermott to Build SPS for Greater Tortue

Oct 24, 2019

McDermott International announced it has been subcontracted to build subsea production system (SPS) for the Greater Tortue Ahmeyim natural gas project offshore Mauritania and Senegal.'Fabrication for both the SPS and subsea, umbilicals, risers…

Woodside Makes FID for Pyxis Hub Project

Oct 18, 2019

Woodside said it has made a final investment decision (FID) for the Pyxis Hub project offshore North West Australia.The Australian energy company revealed in its third quarter earnings report that the FID was taken for the project in August 2019…

Jutal Offshore Wins Contracts Worth $490m

Oct 17, 2019

Chinese oil and gas techincal services company Jutal Offshore Oil Services has announced that the company has obtained a slew of new contracts with total value of RMB3.5bn ($490mln).The number of new contracts include large-scale core modules construction of Arctic LNG 2 natural gas project…

Woodside Targets Scarborough FID in Early 2020

Oct 17, 2019

Woodside Petroleum Ltd has pushed out the final approval date for its mammoth Browse gas project but slightly brought forward plans to sign off on its smaller Scarborough project as it races to fill an anticipated global supply gap.Woodside…

Santos Acquires ConocoPhillips’ Northern Australia Interests

Oct 14, 2019

Santos announced it has acquired ConocoPhillips’ northern Australia business with operating interests in Darwin LNG, Bayu-Undan, Barossa and Poseidon for US$1.39 billion plus a $75 million contingent payment subject to FID on Barossa.Matt Fox…

Equatorial Guinea Says Currency Caps Will Hurt Energy Prospects

Oct 10, 2019

New currency controls enforced by the Bank of Central African States (BEAC) could ruin the oil and gas industry in the Gulf of Guinea and 'destroy' Equatorial Guinea's economy, the country's oil minister told Reuters on Wednesday.Equatorial Guinea…

Senegal Delays Oil Licensing Round

Oct 09, 2019

Senegal has delayed the launch of an oil and gas licensing round due on Wednesday until November 4 as contract documents still need to be finalized, oil minister Mahamadou Makhtar Cisse said.'We need to ensure the legal framework for investors…

Transborders Signs up MOL on FLNG Solution

Oct 07, 2019

Perth-based company Transborders Energy has entered a Joint Study Agreement (JSA) to work with Japan's Mitsui OSK Lines (MOL) to together continue the development of its Floating LNG (FLNG) Solution and to pursue its deployment on a range of stranded offshore gas resource opportunities…

Oil Search Boss to Retire in 2020

Oct 01, 2019

Papua New Guinea's biggest company Oil Search Ltd said on Tuesday long-serving Managing Director Peter Botten will retire from the firm next year after 25 years in the role, just as the company enters a major growth phase in PNG and Alaska.Botten…

Benthic Wins Geotechnical Work from TechnipFMC

Oct 01, 2019

Geosciences company Benthic announced it has secured an offshore geotechnical and geophysical contract from TechnipFMC for the Golfinho development, a deepwater discovery off the coast of Mozambique that will be developed as a subsea system…

Total Closes Mozambique LNG Purchase

Sep 30, 2019

Total has completed the acquisition of Anadarko's 26.5% stake in Mozambique's liquefied natural gas (LNG) project for $3.9 billion, the French oil major said on Monday.'Mozambique LNG is a one of a kind asset that perfectly fits with our strategy and expands our position in liquefied natural gas…

Mozambique Eyes $880 Mln in Tax from Anadarko Takeover

Sep 27, 2019

Mozambique is targeting $880 million in capital gains tax from the takeover of Anadarko Petroleum by Occidental Petroleum, local newspaper O Pais reported on Friday.Anadarko led a liquefied natural gas project in the southern African country…

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Offshore Engineer (Sep/Oct 2019)

This issue of Offshore Engineer is dedicated to Big Data and Digitalization

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